Financial Statements - Mewah Group
Financial Statements - Mewah Group
Financial Statements - Mewah Group
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Building Capabilities<br />
Consolidated Income Statement<br />
For the financial year ended 31 December 2011<br />
Note 2011 2010<br />
US$’000 US$’000<br />
Revenue 4 4,467,933 3,533,071<br />
Cost of sales 5 (4,282,314) (3,266,821)<br />
Gross profit 185,619 266,250<br />
Other income 6 7,873 5,161<br />
Expenses<br />
- Selling and distribution expenses (109,747) (96,058)<br />
- Administrative expenses (64,685) (62,039)<br />
- Other operating gains 7 31,868 5,150<br />
- Finance costs 8 (12,887) (9,779)<br />
Share of profit of associate 123 3<br />
Profit before tax 10 38,164 108,688<br />
Income tax credit/(expense) 11 1,094 (16,248)<br />
Profit after tax 39,258 92,440<br />
Profit after tax attributable to:<br />
Equity holders of the Company 42,245 92,352<br />
Non-controlling interests (2,987) 88<br />
39,258 92,440<br />
Earnings per share attributable to equity holders of the Company<br />
(expressed in US cents per share)<br />
- Basic and diluted 12 2.80 7.08<br />
The accompanying notes form an integral part of these financial statements.<br />
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